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Fly News Breaks for November 4, 2016
ELY
Nov 4, 2016 | 07:56 EDT
As previously reported, Compass Point analyst Casey Alexander upgraded Callaway Golf to Buy from Neutral after the company posted better than expected results and raised guidance. Noting that the stock has declined 16% since September, Alexander said he now sees the valuation as being favorable. He trimmed his price target on Callaway shares to $11.50 from $12.
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